2/4/19 David Stockman on the Waning American Empire

David Stockman joins the show to talk about his new book, Peak Trump: The Undrainable Swamp And The Fantasy of MAGA. Stockman explains how the U.S. has painted itself into a corner with both its unwinnable wars in the middle east, and its unsustainable fiscal and monetary policy at home. Sooner or later, he says, Americans are going to pay the price for all of this.

“Keynesian Myths, Monetary Central Planning and The Triumph of The Warfare State – Part 2” (Contra Corner)

David Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street. He is the author of Trumped!,The Triumph of Politics, and his history of the financial crisis, The Great Deformation: The Corruption of Capitalism in America.